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The new economy

There is a big political prize dangling over the economic crisis. Whoever now devises a coherent economic programme will mould British society for a generation. Labour won the post-Great Depression…

A good liberal has changed his mind

The clarity, poise and judgement of Martin Wolf’s FT commentary is a compensating pleasure of crisis. Fixing Global Finance, completed just after the Northern Rock debacle, offers not just a…

A shallow strategy

The Art of Strategy: A Game Theorist’s Guide to Success in Business and Life
Avinash Dixit and Barry Nalebuff
W.W. Norton £16.99, 512 pages
ISBN 9780393062434

Was…

Wishful thinking at the Economist

In 1990, the former Wall Street trader Jim Rogers (interviewed here by Jonathan Davis, 15 March) set off to circumscribe the globe astride a large motorcycle. He returned in 1992…

Painful birth of a new epoch of simplicity

An unpopular, costly war; a sliding dollar; high levels of US government debt; behind us, 20 years of growth; oil and commodity prices out of control... Remember the first oil…

Say farewell to gentlemanly capitalism

Ever since social arrangements became complex enough to write into laws, we have regulated the behaviours that have the potential to mess up our common lives. Look at the Book…